Automatic Data Processing
ADP
1,750 hedge funds and large institutions have $66.9B invested in Automatic Data Processing in 2021 Q2 according to their latest regulatory filings, with 117 funds opening new positions, 596 increasing their positions, 672 reducing their positions, and 73 closing their positions.
60% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 73
34% more call options, than puts
Call options by funds: $322M | Put options by funds: $240M
1% more funds holding
Funds holding: 1,725 → 1,750 (+25)
5% more capital invested
Capital invested by funds: $64B → $66.9B (+$2.96B)
0.04% less ownership
Funds ownership: 79.85% → 79.81% (-0.04%)
6% less funds holding in top 10
Funds holding in top 10: 67 → 63 (-4)
11% less repeat investments, than reductions
Existing positions increased: 596 | Existing positions reduced: 672
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$154M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$150M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$138M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$108M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$280M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$202M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$176M |
| 4 |
Bank of New York Mellon
New York
|
-$152M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$143M |
ADP Hedge Fund Activity: Q2 2021 in Review
1,750 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q2 2021, worth a combined $66.9B — up 4.6% from $64B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new ADP positions and 73 closed out — a net gain of 44 holders — while 596 added to existing stakes and 672 trimmed.
The largest buyer was Traphagen Investment Advisors, adding an estimated $154M. The largest seller was JP Morgan Chase, cutting an estimated $280M.
- 1,750 institutional investors held Automatic Data Processing (ADP) as of Q2 2021, up from 1,725 in Q1 2021.
- Funds reported $66.9B of Automatic Data Processing stock for Q2 2021, up 4.6% quarter-over-quarter.
- 117 funds opened new Automatic Data Processing positions in Q2 2021 and 73 closed out, a net change of +44 holders.
- The largest Automatic Data Processing buyer in Q2 2021 was Traphagen Investment Advisors, an estimated $154M added.
- The largest Automatic Data Processing seller in Q2 2021 was JP Morgan Chase, an estimated $280M sold.
Based on aggregated 13F filings for Q2 2021.